MARUTI SUZUKI Announces Quarterly Results (1QFY20); Net Profit Down 27.3%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

MARUTI SUZUKI Announces Quarterly Results (1QFY20); Net Profit Down 27.3%
Mon, 29 Jul

MARUTI SUZUKI has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

MARUTI SUZUKI Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m224,594214,594197,198-8.1%-12.2%
Other incomeRs m2,7188,6778,364-3.6%207.7%
TurnoverRs m227,312223,271205,562-7.9%-9.6%
ExpensesRs m191,083191,960176,720-7.9%-7.5%
Gross profitRs m33,51122,63420,478-9.5%-38.9%
DepreciationRs m7,1988,1029,18613.4%27.6%
InterestRs m20788547521.6%164.3%
Profit before taxRs m28,82423,12119,109-17.4%-33.7%
TaxRs m9,0715,1654,754-8.0%-47.6%
Profit after taxRs m19,75317,95614,355-20.1%-27.3%
Gross profit margin%14.910.510.4
Effective tax rate%31.522.324.9
Net profit margin%8.78.07.0
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter fell 12.2% on a year-on-year (YoY) basis. The expenses were down by 7.5% YoY during the same period.
  • The company's operating profit declined by 38.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 10.4% in 1QFY20 as against 14.9% in 1QFY19.
  • Depreciation charges increased by 27.6% and finance costs increased by 164.3% YoY, respectively.
  • Other income increased by 207.7% YoY during the quarter.
  • Net profit for the quarter declined by 27.3% YoY. Net profit margins during the quarter declined from 8.7% in 1QFY19 to 7.0% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 8.1% on a quarter-on-quarter (QoQ) basis. The expenses were down by 7.9% QoQ during the same period.
  • The company's operating profit declined by 9.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 10.4% in 1QFY20 as against 10.5% in 4QFY19.
  • Net profit for the quarter declined by 20.1% QoQ, while net profit margins declined from 8.0% in 4QFY19 to 7.0% in 1QFY20.

To see how MARUTI SUZUKI has performed over the last eight quarters,please visit here.

MARUTI SUZUKI Share Price Performance

Over the last one year,MARUTI SUZUKI share price has moved down from Rs 9,315.5 to Rs 5,619.0, registering a Loss of Rs 3,696.5 or around 39.7%.

Meanwhile, the S&P BSE AUTO Index is trading at Rs 15,711.1 (down 2.9%). Over the last one year it has moved down from 24,269.3 to 15,711.1, a gain of 8,558 points (down 35.3%).

Overall, the S&P BSE SENSEX is up 2.3% over the year.

Current Valuations

At the current price of Rs 5,619.0, the price to earnings (P/E) ratio of MARUTI SUZUKI stands at 24.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.0 times.

Equitymaster requests your view! Post a comment on "MARUTI SUZUKI Announces Quarterly Results (1QFY20); Net Profit Down 27.3%". Click here!

  

Related Views on News

MARUTI SUZUKI 2018-19 Annual Report Analysis (Annual Result Update)

Aug 6, 2019 | Updated on Aug 6, 2019

Here's an analysis of the annual report of MARUTI SUZUKI for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of MARUTI SUZUKI. Also includes updates on the valuation of MARUTI SUZUKI.

MARUTI SUZUKI Announces Quarterly Results (4QFY19); Net Profit Down 4.6% (Quarterly Result Update)

Apr 26, 2019 | Updated on Apr 26, 2019

For the quarter ended March 2019, MARUTI SUZUKI has posted a net profit of Rs 18 bn (down 4.6% YoY). Sales on the other hand came in at Rs 215 bn (up 1.4% YoY). Read on for a complete analysis of MARUTI SUZUKI's quarterly results.

MARUTI SUZUKI Announces Quarterly Results (3QFY19); Net Profit Down 17.2% (Quarterly Result Update)

Jan 28, 2019 | Updated on Jan 28, 2019

For the quarter ended December 2018, MARUTI SUZUKI has posted a net profit of Rs 15 bn (down 17.2% YoY). Sales on the other hand came in at Rs 197 bn (up 2.0% YoY). Read on for a complete analysis of MARUTI SUZUKI's quarterly results.

More Views on News

Most Popular

Buying these Eight Stocks is Like Owning Your Own Business(Profit Hunter)

Sep 5, 2019

Everyone dreams of owning a business. Here is your chance.

7 Stocks to Buy in the Market Today(The 5 Minute Wrapup)

Sep 5, 2019

The stock market had a four-year bull run starting September 2013. Are we seeing a similar pattern now?

Don't Buy Lakshmi Vilas Bank...Buy this Private Sector Bank with 74% Upside(The 5 Minute Wrapup)

Sep 4, 2019

Lakshmi Vilas Bank is in a vicious cycle. The stock is already down 57% in 2019. Despite this, the retail investors increased their holding.

Insider Buying Alert: Promoters Increase Stake in 8 High-Quality Smallcaps(Profit Hunter)

Sep 3, 2019

Insiders have increased their stakes in eight Hidden Treasure recommendations. Should you follow them?

Buy these 7 Stocks if You Believe in India(The 5 Minute Wrapup)

Sep 12, 2019

News headlines predict gloom and doom for India these days. You should ignore them.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

MARUTI SUZUKI SHARE PRICE


Sep 13, 2019 (Close)

TRACK MARUTI SUZUKI

  • Track your investment in MARUTI SUZUKI with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MARUTI SUZUKI - BAJAJ AUTO COMPARISON

COMPARE MARUTI SUZUKI WITH

MARKET STATS